Calling all investors and owner-occupants! Don't miss this four-family property in the heart of South Paterson an excellent opportunity to begin or expand your real estate portfolio. The property is in good condition and offers multiple income-producing units. Live in one unit while collecting rent from the others to help offset your monthly housing expenses, or add the entire property to your investment portfolio. Conveniently located near public transportation, schools, houses of worship, shopping, restaurants, and major roadways. A valuable opportunity with income-producing potential schedule your private showing today!
For sale
$825,000
54 Genessee Ave, Paterson, NJ 07503
7beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 6 days |
- 305 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Giselle Azcona-Lubbock 646-670-8192,
Real,
Braulio Cespedes 862-203-0975,
Real
Source: NJMLS,MLS#: 26030305
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Laundry: In Basement, In Unit
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Details
- Parcel number: 0806905000000018
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: See Remarks, Electricity Connected, Natural Gas Connected, Sep Heat
Community & HOA
Location
- Region: Paterson
Financial & listing details
- Tax assessed value: $296,100
- Annual tax amount: $15,796
- Date on market: 8/11/2026
- Listing agreement: Exclusive Agency
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listed for sale | $825,000+7400% |
Source:  NJMLS #26030305 Report a problem | ||
| 8/30/1996 | Sold | $11,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,086 +3.9% | $296,100 |
| 2024 | $14,518 +1.8% | $296,100 |
| 2023 | $14,263 +7.6% | $296,100 |
| 2022 | $13,253 | $296,100 |
| 2021 | $13,253 +10.9% | $296,100 |
| 2020 | $11,956 +8.3% | $296,100 +2.4% |
| 2019 | $11,044 +4.8% | $289,200 +13.3% |
| 2018 | $10,537 -9.2% | $255,300 +0.8% |
| 2017 | $11,607 +5.6% | $253,300 -5.3% |
| 2016 | $10,989 -12.2% | $267,500 |
| 2015 | $12,514 +5.7% | $267,500 -38% |
| 2014 | $11,840 -0.2% | $431,500 -8.5% |
| 2012 | $11,858 +18.3% | $471,500 |
| 2011 | $10,024 +10.1% | $471,500 |
| 2010 | $9,105 | $471,500 |
| 2009 | -- | $471,500 |
| 2008 | -- | $471,500 |
| 2007 | -- | $471,500 +2103.3% |
| 2001 | -- | $21,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Paterson
Nearby schools
GreatSchools rating
- 6/10Charles J. Riley School 9Grades: PK-8Distance: 0.4 mi
- NASchool 11 (Newcomers)Grades: 3-11Distance: 1.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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